The Government gave $13 billion to firms with rising earnings - Op Ed, The Australian

THE GOVERNMENT GAVE $13 BILLION TO FIRMS WITH RISING EARNINGS

The Australian, 23 September 2021

What could your household do with $1300? Maybe you’d get the car fixed, or donate the money to a homeless shelter, or pay down the mortgage. I’m guessing what you wouldn’t do is to find a business whose profits are growing, walk in and plonk 13 $100 notes on the counter.

Yet, thanks to Scott Morrison and Josh Frydenberg, your household just did exactly that.

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Porter's behaviour doesn't pass comedy club test - Transcript, 2SM Mornings

E&OE TRANSCRIPT

RADIO INTERVIEW

2SM MARCUS PAUL IN THE MORNING

TUESDAY, 21 SEPTEMBER 2021

SUBJECTS: Victorian construction industry; Christian Porter

MARCUS PAUL, HOST: Andrew Leigh - good morning to you, Andrew. How are you, mate?

ANDREW LEIGH, SHADOW ASSISTANT MINISTER FOR TREASURY AND CHARITIES: Terrific, Marcus - the better to be with you.

PAUL: Nice to talk to you. What's going on in Victoria, because yesterday the CFMEU, you would have seen all of the vision there. This isn't the Australia that I know. I mean, I'm seeing now people are sending me videos of some of these mugs, these morons, kicking dogs, for goodness sake.

LEIGH: Some of that behaviour has just been appalling, and the idea that you'd get together in a large group without masks at a time like this just baffles me. Now, we ought to all be working together to kick this virus and to get Australia back to normal. We don't do that by having large mass gatherings or by opposing vaccination.

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Government wants pensioners to pay back their JobKeeper overpayments, but billionaires can keep them - Transcript, 2CC Radio

E&OE TRANSCRIPT

RADIO INTERVIEW

2CC CANBERRA LIVE WITH LEON DELANEY

TUESDAY, 14 SEPTEMBER 2021

SUBJECTS: $13 billion in JobKeeper overpayments

LEON DELANEY, HOST: The federal member for Fenner and Shadow Assistant Minister for Treasury and Charities, Andrew Leigh, has been criticised - by The Australian newspaper, no less. He's been accused of being a hypocrite. Apparently, according to The Australian, Andrew Leigh is a hypocrite because he's been heavily pursuing the issue of companies that claimed government payments from the JobKeeper wage subsidy scheme and yet went on to make record profits anyway and paid out big bonuses to their executives and big dividends to their shareholders. Obviously, there is a question to be asked there, but according to The Australian, Andrew Leigh is hypocritical because, they say, he was singing a different song last year. Andrew Leigh is on the phone now. Good afternoon.

ANDREW LEIGH, SHADOW ASSISTANT MINISTER FOR TREASURY AND CHARITIES: Good afternoon, Leon, great to be with you.

DELANEY: Thanks for joining us. Are you a hypocrite?

LEIGH: Of course not. This idea that you've either got to be all in favour of JobKeeper or all against JobKeeper is schoolyard stuff. Any sophisticated observer knows that we needed a wage subsidy scheme in place, as many other advanced countries had. We didn't need a wage subsidy scheme that gave $13 billion to firms with rising revenue, and has less transparency than the schemes in place in Britain, Canada, New Zealand and the United States. It's not too much to ask that the federal government can run the run the place properly, but just as with vaccines and quarantine, JobKeeper was a good idea badly botched by the Morrison Government.

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Government's $13 billion in JobKeeper overpayments - Transcript, 2SM Mornings

E&OE TRANSCRIPT

RADIO INTERVIEW

2SM MARCUS PAUL IN THE MORNING

TUESDAY, 14 SEPTEMBER 2021

SUBJECTS: Kristina Keneally; Joel Fitzgibbon; $13 billion of JobKeeper overpayments

MARCUS PAUL, HOST: Let's speak to somebody from Labor about this: Andrew Leigh, our #JobKeeperWarrior. Good morning, Andrew.

ANDREW LEIGH, SHADOW ASSISTANT MINISTER FOR TREASURY AND CHARITIES: Good morning, Marcus. Always great to be with you.

PAUL: Thank you, mate. Look, Kristina Keneally, there's an offensive being mounted by the federal government and Labor detractors, critics, that Kristina Keneally being parachuted into Fowler is not a good thing.

LEIGH: Kristina is one of our strongest performers, somebody who's a former premier of New South Wales, and has a strong policy mind, who's able to take the fight up to the opposition, but who also, I think, will be a terrific advocate for the people for the people of Fowler.

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Government won't learn from its JobKeeper mistakes - Transcript, 2SM Mornings

E&OE TRANSCRIPT

RADIO INTERVIEW

2SM MARCUS PAUL IN THE MORNING

TUESDAY, 7 SEPTEMBER 2021

SUBJECTS: The Government’s JobKeeper secrecy and waste; National Women’s Safety Summit; Prime Minister’s travel on Fathers Day

[CLIP OF JOSH FRYDENBERG ON 7.30 REPORT PLAYS]

MARCUS PAUL, HOST: Andrew Leigh is our #JobKeeperWarrior. Good morning, Andrew.

ANDREW LEIGH, SHADOW ASSISTANT MINISTER FOR TREASURY AND CHARITIES: Good morning, Marcus. We've been talking about this for a long time. It seems like everyone else is just catching up this last week, doesn't it?

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Government isn't doing a thing to get back $13 billion taxpayer dollars wasted on big business mates - Transcript, 6PR Mornings

E&OE TRANSCRIPT

RADIO INTERVIEW

RADIO 6PR MORNINGS WITH LIAM BARTLETT

MONDAY, 6 SEPTEMBER 2021

SUBJECTS: The Government’s JobKeeper waste and secrecy

[CLIP OF PARLIAMENTARY SPEECH PLAYS]

LIAM BARTLETT, HOST: That's Andrew Leigh, the Shadow Assistant Minister for Treasury and Charities and he joins us this morning. Andrew, how are you?

ANDREW LEIGH, SHADOW ASSISTANT MINISTER FOR TREASURY AND CHARITIES: Very well, Liam. Congratulations on your 60 Minutes work yesterday, an incredibly important forensic analysis of the biggest waste in Australian history.

BARTLETT: Well, you've been covering, as we just heard on the radio, you've been covering it on the floor of the House for weeks now, trying to make a dent in some of these huge, huge figures. But Andrew, as I just mentioned, I think it's really important that we, you know, it's one thing to reel off all those millions from the public side of things, but 97 per cent of it is private. We may never know.

LEIGH: That's exactly right, Liam. Now, what we've got from the private companies is absolute secrecy. We only have the public company transparency, as you pointed out in 60 Minutes, because ASIC, the corporate watchdog, required listed companies to disclose JobKeeper receipt to the share market. But there's a bunch of large private firms out there, which may or may not have gotten JobKeeper and may or may not have had rising revenue. At a time when people are being asked to tighten their belts, when real wages are forecast to fall for the typical Australian, it's only right to be putting a bit of a spotlight on who got JobKeeper and then saw their revenues rise.

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Has Australia ever had a more secretive government than the Morrison Government? - Speech, House of Representatives

HOUSE OF REPRESENTATIVES, 2 SEPTEMBER 2021

Has Australia ever had a more secretive government than the Morrison government? This is the government that set up a one-man cabinet committee in order to keep deliberations secret, that has presided over the secret trial of Witness K and that has refused Australians access to the spreadsheet that shows how the car park rort was perpetrated. This is a government that has maintained secrecy over the so-called national cabinet, despite the fact that it is nothing of that name, and now over the largest waste of taxpayer money in Australian history, the $13 billion of JobKeeper that went to firms with rising earnings, they want more and more secrecy.

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JobKeeper wasted billions, and the ‘politics of envy’ defence doesn’t stack up - Op Ed, The New Daily

JOBKEEPER WASTED BILLIONS - AND THE ‘POLITICS OF ENVY’ DEFENCE DOESN’T STACK UP

The New Daily, 3 September 2021

A billion is hard to wrap your head around.

Some billionaires say that they’re part of the ‘three comma club’. In the comedy series The Hollowmen, the political insiders decide they’ll need to spend billions of dollars before the public whistles in awe.

So if you haven’t been watching the scandalous waste from the JobKeeper scheme, don’t blame yourself for forgetting to groan on cue.

Some quick background. In the year from March 2020, JobKeeper paid out $89 billion to firms based on their salary bill.

For companies that would’ve otherwise fired their staff, that’s money well spent.

For those that would’ve kept trucking along regardless, it was free cash for the bottom line.

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Australians deserve to know where JobKeeper went, it shouldn’t be a state secret - Op Ed, Guardian

AUSTRALIANS DESERVE TO KNOW WHERE JOBKEEPER WENT – IT SHOULDN’T BE A STATE SECRET

The Guardian, 2 September 2021

As economies locked down in early 2020, many countries around the world established wage subsidy schemes. Economists know that employment relationships are easier to break than make. So wage subsidy schemes incentivise firms to maintain employment through a temporary slump.

The British scheme was called the job retention scheme. In New Zealand, it was the Covid wage subsidy. Canada set up the Canada emergency wage subsidy. The United States created the paycheck protection program.

Some of these schemes were established by progressive governments; others by conservative governments. But whether it was Johnson or Ardern, Trudeau or Trump, other countries’ wage subsidy schemes had one thing in common: full transparency. Taxpayers could log on to a website and find out the names of every firm that got wage subsidies.

Transparency isn’t a left- or right-wing value; it’s simply good government. It reflects the fact that taxpayers are the people who pay the government’s bills, and taxpayers should know how the money is spent. As former US supreme court Justice Louis Brandeis put it, sunlight is the best disinfectant.

Australia too created a wage subsidy scheme (though not before Scott Morrison called it a “dangerous” idea). Yet JobKeeper didn’t include any transparency. The government provided no information about which firms received JobKeeper. None, zilch, nada.

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Australia’s most incompetent, thin-skinned, secretive, and cowardly government - Speech, House of Representatives

HOUSE OF REPRESENTATIVES, 31 AUGUST 2021

Australia has had bad Government's before, but have we ever had a more mendacious, incompetent, thin-skinned, secretive, cowardly Government than this one?

Australians are furious that the Morrison Government gave $13 billion of JobKeeper to firms with rising revenues.

In Britain, Canada, the United States and New Zealand, the public knew every firm that got wage subsidies. In Australia, the only reason we know anything about JobKeeper recipients is because ASIC required listed firms to disclose to the stock market. But only 3 per cent of JobKeeper went to listed companies.

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Cnr Gungahlin Pl and Efkarpidis Street, Gungahlin ACT 2912 | 02 6247 4396 | [email protected] | Authorised by A. Leigh MP, Australian Labor Party (ACT Branch), Canberra.